This textbook provides an introduction to financial mathematics and financial engineering for undergraduate students who have completed a three or four semester sequence of calculus courses. It... This description may be from another edition of this product.
Having good math background, I found this book excellent as an introduction to the financial engineering field. I tried first with Mathematics for Finance: An Introduction to Financial Engineering (Springer Undergraduate Mathematics Series) book - while being very good book in itself, this one was based upon building an intuition for economics side of the story, which didn't worked very well for me. On the other side An Undergraduate Introduction to Financial Mathematics builds more upon pure math approach, which worked very well for me. But this is definitely not something to scare off readers that are not math inclined - all needed math is derived here, up to the very basic details. Armed with that understanding, I'm at the moment proceeding with Options, Futures, and Other Derivatives with Derivagem CD (7th Edition) (Prentice Hall Series in Finance) for more advanced insight, and so far it is going very well. The other reviewer comment with regard to typos is unfortunately true for the first edition, but at the moment second edition seems to be in preparation (follow the link I provided above), so hopefully this will be fixed soon (and the author was maintaining up-to-data errata list on his page anyway). So - overall I would heartily recommend this book to anyone with solid math background looking for a first book to start getting acquainted with the field.
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